World

XDC Network

Polkadot

when

Polygon

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/deutsche-telekom-mms-expands-into-the-crypto-world/" data-wpel-link="internal">Deutsche Telekom MMS Expands into the Crypto World</a><br></p>
<p style="text-align: justify">Deutsche Telekom’s subsidiary Deutsche Telekom MMS has taken a significant step into the world of <strong>cryptocurrency</strong>. This new move by the telecom giant marks a strategic expansion in the field of Web3 services. The collaboration with XDC Network highlights Deutsche Telekom’s commitment to adopting Blockchain technology. This step, focusing on tokenized real-world assets (RWA), trade finance, and decentralized physical infrastructure (DePin), represents a notable direction in technological development.</p> 
<h2 style="text-align: justify" id="robust-infrastructure-with-backup-masternodes">Robust Infrastructure with Backup Masternodes</h2> 
<p style="text-align: justify">Deutsche Telekom MMS will operate a backup masternode for the XDC Network. Unlike standard masternodes, backup masternodes do not validate transactions but ensure network continuity when the number of active validator masternodes falls below 108. This feature strengthens Deutsche Telekom’s role on the Blockchain and supports its goal of increasing network reliability.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="wp-image-373713 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/07/blockchain-9-1.jpg" alt="" width="740" height="415"></p> 
<p style="text-align: justify">Dirk Röder, head of the Web3 unit, emphasized that this strategic move will support secure Blockchain-based applications, especially in the <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">financial</a> sector. Röder’s statements at the Bitcoin Prague conference also revealed Deutsche Telekom MMS’s plans to start Bitcoin (BTC) mining.</p> 
<p style="text-align: justify">The company is expanding its experience in Blockchain by managing nodes on the Bitcoin and Lightning networks. Additionally, it serves as a validator and offers staking services on various proof-of-stake-based Blockchains such as <a href="https://en.coin-turk.com/ethereum-hits-all-time-high-in-options-trading-volume/" data-wpel-link="internal">Ethereum</a> (ETH), Polygon (MATIC), and Polkadot (DOT).</p> 
<h2 style="text-align: justify" id="xdc-network-and-strategic-expansion">XDC Network and Strategic Expansion</h2> 
<p style="text-align: justify">XDC Network is known as an Ethereum Virtual Machine (EVM) compatible Layer-1 Blockchain. It stands out with high transaction speeds and low gas fees, while also supporting tokenized versions of real-world assets like the Euro, US dollar, gold, and US Treasury bonds.</p> 
<p style="text-align: justify">By joining this network, Deutsche Telekom MMS aims to enhance both infrastructure and reliability. Thus, it promotes broader adoption of Blockchain technology in the financial sector.</p> 
<p style="text-align: justify">This expansion reflects the global interest in Blockchain technologies. Deutsche Telekom is striving to position itself as a significant player in the cryptocurrency field. Additionally, it continues its forward-looking approach to <a href="https://newslinker.co" target="_blank" rel="noopener" data-wpel-link="exclude">new technologies</a>.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/deutsche-telekom-mms-expands-into-the-crypto-world/" data-wpel-link="internal">Deutsche Telekom MMS Expands into the Crypto World</a></h5>
<p>The post <a href="https://en.coin-turk.com/deutsche-telekom-mms-expands-into-the-crypto-world/" data-wpel-link="internal">Deutsche Telekom MMS Expands into the Crypto World</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.</p>

Deutsche Telekom MMS Expands into the Crypto World

Table of Contents

COINTURK NEWS

Άλλα άρθρα που δημοσιεύτηκαν στις 25 Ιουλ 2024

India’s New Crypto Policy: Cryptocurrency Policy Discussion Paper by September

XRP Price Trends and Market Outlook Amid SEC Meeting

BREAKING: BlackRock CEO Talks About Staking Feature in Ethereum ETFs

End Of The Road? Shiba Inu’s Shibarium Sees Massive 80.3% Crash In Active Accounts

INTMAX Announces Latin America’s Prominent Web3 Builders to Lead the Development of Plasma Free, ...

Steps on converting Bitcoin to different currencies

Join our free newsletter for daily crypto updates!